Advancing Bike Taxonomy
The world of bike retail is evolving, and at Auto Trader, we aim to provide retailers with the tools to deliver the best outcomes for their teams and consumer.
Our latest advancements in Bike Taxonomy represent a big step forward, offering retailers a seamless, data-driven solution to enhance efficiency, improve data quality, and elevate the user experience.
Here are a couple of key definitions:
· Vehicle Taxonomy: A structured system for naming, describing, and classifying vehicles.
· Derivatives: Specific vehicle details crucial to car buyers, such as body type, transmission, engine size, and more.
Real Impact: By the numbers
82% Coverage with Full Specs: Our advancements mean that 75% of used bikes will feature full technical specifications, with 98% coverage for new bikes.
10 Years of Data: A taxonomy that covers a decade’s worth of MCRIS codes ensures every listing is backed by rich, reliable data.
381 OEMs: Focused support for key manufacturers to drive the greatest impact.
Why is matters?
For retailers, these changes go beyond technical improvements—they represent a shift in how bikes are marketed and sold. A more accurate, efficient, and user-friendly system leads to improved consumer experiences, higher conversion rates, and a stronger competitive position in the marketplace.
Looking ahead
At Auto Trader, we are committed to empowering retailers with the tools and data they need to succeed. These advancements in Bike Taxonomy are just the beginning. As we continue refining our platform, we intend to work in partnership with retailers as we move forward.
Stay tuned for updates on our rollout and insights into how these changes are transforming the bike retail landscape.